Tag: Learn about Dash

Yes this lecture is called Paper Wallet and your wallet is a piece of paper! No joke! Paper wallet is a reference to the first COLD STORAGE. Cold Storage is a way to hold your crypto currency not on a live network; this helps reduce the ability to getting hacked and your coins stolen! With a paper wallet go to https://paper.dash.org this is where you will create your paper wallet. If you are looking to get some more reading on what a paper wallet is and cold storage check out this link https://dashpay.atlassian.net/wiki/display/DOC/Paper+Wallet

Creating a paper wallet is very simple. When you go to the site, just move your mouse all over the place this tells the application that you are creating randomness. It will then generate a completely RANDOM Public key and Private key. When creating a Paper wallet it is BEST practice to create it with a computer that has NEVER had access to a live network before!

This is an example of a Dash Paper wallet!

**** THIS IS JUST FOR EXAMPLE! THERE ARE NO COINS ON THIS ADDRESS AND THERE WILL NEVER BE!*****

Dash Is Digital Cash. Dash is similar to its counterpart, Bitcoin. Although Bitcoin was the first crypto currancy, Dash has MUCH greater benefits that I will go over in later lectures! Dash has been soaring quickly among all the Crypto Currencies! At the Current Marketcap Dash is holding the 4 place with over 195 million USD! Dash follows the same path as Bitcoin Software, but it is a two-tier network that makes it far greater than bitcoin! This tier system allows dash to be more anonymous and present itself more like cash!

Lets get back to the topic at hand! What is Dash? Dash is a form of Digital Cash that is based on a Peer-to-peer network following the same path as Bitcoin Software, but it is a two-tier network that makes it far greater than bitcoin! This tier system allows dash to be more anonymous and present itself more like cash! With that said, you can choose whether or not you want to be anonymous. You can see what Dash Address sent coins to what address on the blockchain like bitcoin. When you have a collection of coins you can add them into a mixing pool which you trade your Dash with others in the community. Lastly, Dash transactions happen almost instantly this is done becuase of the Masternode network, which I will go over more in the masternode section! Learn more at Dash.org